Oil and Gas
bp Appoints Deputy Chief Executive Officer
BP Appoints Deputy Chief Executive Officer as leadership shifts continue across the global energy sector, highlighting a broader industry focus on strategic growth, policy alignment, and innovation. In line with this trend, NRG Energy has named Caroline Golin, Ph.D., as its new Chief Growth and Policy Officer, bringing extensive experience in energy strategy, market development,…
ExxonMobil Expands Baytown Advanced Recycling Facility to Process 250 Million Pounds of Plastic Annually
ExxonMobil Expands Baytown Advanced Recycling Facility as part of a major step toward addressing plastic waste and supporting a more circular economy. With the launch of its third advanced recycling unit at the Baytown, Texas complex, ExxonMobil is significantly increasing the site’s capacity to process plastic waste that would otherwise end up in landfills. The…
Railroad Commission of Texas Announces New Oversight and Safety Director
The Railroad Commission of Texas is pleased to announce that Mark Evarts has been named the new director of the Commission’s Oversight and Safety Division. The division’s core responsibilities are over the RRC’s Alternative Fuels, Gas Services and Pipeline Safety departments, including oversight of more than 400,000 miles of pipelines in Texas, the largest system…
Shell invests in Kaikias waterflood to unlock production in Gulf of America
Shell Offshore Inc., a subsidiary of Shell plc, has taken a final investment decision as Shell invests in Kaikias waterflood development in the US Gulf of America. The Shell Kaikias waterflood project will inject water to displace additional oil in the Kaikias reservoir, supporting production that flows to Shell’s Ursa platform in the Mars Corridor….
Texas Oil and Natural Gas Industry Paid $27.0 Billion in State and Local Taxes, State Royalties
Texas oil and natural gas industry, Texas oil and gas taxes, TXOGA Energy & Economic Impact Report 2025 — The Texas oil and natural gas industry paid a record $27.0 billion in state and local taxes and state royalties in fiscal year 2025, according to newly released data from the Texas Oil & Gas Association…
bp Starts Seventh Major Project Startup of 2025 with Atlantis Drill Center 1 Expansion
bp has started its seventh major project startup of 2025 with the Atlantis Drill Center 1 expansion, reinforcing its momentum in bp major projects 2025 and continued investment in bp US Gulf of America offshore production. This bp project startup 2025 adds two new subsea wells to the existing Atlantis platform, increasing production by an…
Op-ed | Texas Leads Again: Oil & Gas Slash Methane Intensity by 50 Percent Amid Soaring Production
World-leading production and unmatched environmental progress define the Permian Basin. In one of the most prolific oil and natural gas basins in the world, Permian Basin operators have slashed methane emission intensity by more than half in just two years, reinforcing Texas as the global standard bearer in energy leadership. This groundbreaking achievement, detailed in a new…
Texas Natural Gas Production Reaches New High in March; Strong Energy Exports Continue
The Texas Oil & Gas Association (TXOGA) released its June 2025 Monthly Energy Economics Review (MEER), highlighting record-setting natural gas production and strong exports that reinforce Texas’ central role in powering the U.S. and global economies. According to TXOGA’s estimates, Texas crude oil production remained steady at 5.7 million barrels per day (mb/d) in May 2025, while natural…
Calpine, ExxonMobil Sign CO2 Transportation and Storage agreement for Power Generation Project
Exxon Mobil Corporation announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine’s Baytown Energy Center, a cogeneration facility near Houston. This is part of Calpine’s Baytown Carbon Capture and Storage (CCS) Project…
The World Eats Because It Has Energy: How Oil and Natural Gas Power Modern Agriculture
Can you imagine feeding eight billion people without tractors, fertilizers, irrigation pumps, or transportation networks? You’d be hard-pressed to do so without oil and natural gas. Despite increased policy momentum toward alternative fuels and renewable technologies in recent years, global agriculture continues to rely on energy-dense, affordable, and scalable petroleum-based resources. In a new article from Texas…
Methane Emissions in Texas Continue Decline Amid Near-Record Production
Methane emissions in Texas continue to decline in top oil and natural gas producing areas across the state, according to a new analysis released today by Texans for Natural Gas. Nowhere was this more apparent than in the top producing region in Texas and the nation, the Permian Basin. Key highlights from the analysis found: • The…
Chevron Starts Oil Production from Ballymore Project in Gulf of America
Chevron Corporation announced last month that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the company’s goal to produce 300,000 net barrels per day of…
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